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More Taxes In 2017
In the Ask Kim column for Kiplinger, Kimberly Lankford answers a readers question on Social Security Taxes in 2017. Read her answer here… Notice: The link provided in the text above connects readers to the full content of the referenced article. The URL (internet…
Retirement: Are you Sabotaging it?
When it comes to your retirement are you sabotaging it by not having a plan? Are you getting your financial advice from the right source? Bob French, Director of Investment Analysis at McLean Asset Management, list five of the most…
Beyond money, think of other retirement things too
Financial security is, of course, a very important part of a comfortable retirement. But beyond that, thinking about and planning for the differences in several different stages of the aging process is also important. This Money article and video with Jill…
Many don’t know the basics about Social Security
A recent GAO study concluded that most people approaching retirement don’t know even the most basic rules about Social Security, especially about considering longevity and the impact of filing for benefits either earlier or later than their Social Security full…
Building a retirement income portfolio
For those who are nearing retirement, its important to build an income portfolio that covers all of the needed basic and discretionary expenses for their golden years. This CBS Money Watch article by Steve Vernon talks about the critical role Social…
When to retire? Trend is moving to waiting longer.
There’s no easy answer to the “When to Retire” question, and many still start Social Security as soon as they’re eligible, but the latest trend is that more people are waiting longer to start their benefits. These are the folks who…
Don’t want to live on Social Security alone? Now is the time to start saving.
It’s estimated that about 33% of Americans have nothing at all saved for retirement, and even more frightening is that about 30% of those are over 55 years old and approaching retirement. Social Security was never intended to be a…
Government workers and Social Security
Many people who work in the public sector – such as teachers, police officers, firefighters and Federal employees who are not covered by the Federal Employees Retirement System (FERS) – may be in for a surprise when they’re ready to retire: two…
Plan ahead for when to take Social Security
All too often, people make an emotional decision on when to begin their Social Security benefits, instead of taking a measured, calculated approach. That can end up costing you some significant money, as the article by financial advisor Laura Medigovich…
Why do so many seniors start Social Security benefits early?
About 60% of Social Security beneficiaries start collecting their benefits before they reach their full retirement age, which is somewhere between 65 and 67 depending upon when you were born. There are a lots of reasons why seniors are doing…